J.P. from New Haven County, Connecticut writes: Dear Mister Condo, What are the advantages and disadvantages to a condo complex for being FHA certified? Mister Condo replies: J.P., back when mortgage monies were freely available from most banks and lending institutions, FHA certification was rarely discussed among condominium associations. Now that the banking industry has…
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Does Father Know Best?
L.D. from Fairfield County, Connecticut writes: My fiancé and I are looking at homes to purchase and we are seriously considering a condo. We both work crazy hours and the idea of having the property maintained for us is very appealing. However, my father has warned me not to buy an older condo because there…